Tracked deals
5
5 tracked deals across 2021-2026.
Public Company
Industrial Services
MasTec
Coral Gables, Florida, United States
MasTec companies have been involved in some of the largest and most complex infrastructure construction projects across the country, with capabilities spanning utility and related infrastructure (power delivery, communications, and other mission-critical infrastructure).
- Focus Areas
- Utility and related infrastructure construction, Electric transmission & distribution construction, Substation & switchyard services
- Website
- mastec.com
Recent pace
2
2 tracked deals announced in the last 12 months.
Deal mix
Buyout
5 buyout
MasTec Acquisition Volume by Year
Last 3 years
Actual
Full-year estimate
Supporting Data
Recent Transactions
-
- Buyer
- MasTec, Inc.
- Target
- Electrical Specialists, Inc., d/b/a The Superior Group
- Industry
- IT Services
- Location
- Ohio, United States
- Type
- Buyout
MasTec entered into a definitive agreement to acquire Electrical Specialists, Inc., doing business as The Superior Group, in a transaction valued at approximately $1.65 billion (about $475 million in MasTec stock and $1.175 billion in cash), subject to customary adjustments and a potential earnout. MasTec completed the acquisition later in July 2026, and Superior will operate as a new operating group with results reflected in MasTec’s Power Delivery segment.
-
- Buyer
- Mastec, Inc.
- Target
- McKee Utility Contractors, LLC
- Seller
- Boyne Capital
- Industry
- Industrial Services
- Location
- Oklahoma, United States
- Type
- Buyout
Boyne Capital announced the sale of its portfolio company, McKee Utility Contractors, LLC (“McKee”), to MasTec, Inc. at an enterprise value of $276 million. McKee is a family-operated infrastructure services provider focused on large-diameter water and wastewater transmission pipeline projects.
-
- Buyer
- MasTec, Inc.
- Target
- Infrastructure and Energy Alternatives, Inc. (IEA)
- Seller
- IEA stockholders
- Industry
- Energy
- Location
- Indiana, United States
- Type
- Buyout
MasTec has agreed to acquire Infrastructure and Energy Alternatives, Inc. (IEA) in a cash-and-stock transaction valued at approximately $1.1 billion, with IEA shareholders receiving $14.00 per share. The deal expands MasTec's clean energy and infrastructure capabilities—adding nearly 6,000 IEA employees, union-based clean energy power generation services, and broadened renewable project and heavy-civil expertise—and is expected to close in late Q4 2022 subject to customary approvals.
-
December 20, 2021
- Buyer
- MasTec, Inc.
- Target
- Henkels & McCoy Group Inc.
- Seller
- Henkels & McCoy shareholders, Rod Henkels, Paul Henkels
- Industry
- Construction
- Location
- Pennsylvania, United States
- Type
- Buyout
MasTec, Inc. (NYSE: MTZ) agreed to acquire Henkels & McCoy Group Inc., a leading U.S. utility power transmission and distribution contractor, for total consideration of $600 million (approximately $420 million cash plus ~2 million shares of MasTec common stock). The acquisition, which adds roughly 5,100 employees and $1.5 billion of 2021 revenue, expands MasTec's footprint and capabilities in the electric utility services market to support grid modernization and renewable energy buildout.
-
- Buyer
- MasTec, Inc.
- Target
- INTREN, LLC
- Seller
- One Equity Partners, Loretta Rosenmayer
- Industry
- Infrastructure
- Location
- Illinois, United States
- Type
- Buyout
MasTec, Inc. has acquired INTREN, LLC from One Equity Partners for $420 million, including a contingent earnout through year-end 2021. Headquartered in Union, Illinois, INTREN operates as a specialty utilities contractor with approximately 2,000 employees across 14 states and trailing twelve months revenue of about $550 million; MasTec will retain INTREN's brand and integrate its utility distribution capabilities into its infrastructure services.
Related Acquisition Pages
Construction Buyers & Acquisitions
1 tracked deal by MasTec.
Energy Buyers & Acquisitions
1 tracked deal by MasTec.
IT Services Buyers & Acquisitions
1 tracked deal by MasTec.
Industrial Services Buyers & Acquisitions
1 tracked deal by MasTec.
Acquisitions in Illinois
1 tracked deal by MasTec.
Acquisitions in Indiana
1 tracked deal by MasTec.
Acquisitions in Ohio
1 tracked deal by MasTec.
Acquisitions in Oklahoma
1 tracked deal by MasTec.
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